Bengaluru, May 25 (IANS) Announcing protests against fuel price hikes, Deputy Chief Minister and State Congress President D.K. Shivakumar said demonstrations would be held at all district headquarters on May 30 and that the party would later intensify the agitation across every Assembly constituency in Karnataka. Addressing a joint press conference with CM Siddaramaiah and AICC General Secretary Randeep Singh Surjewala, Shivakumar further said: “We will create awareness among the people agains…
Latest fuel prices News & Updates
New Delhi, May 25 (IANS) India’s push towards ethanol blending and renewable energy is helping reduce the country’s dependence on imported crude oil, Krishnakumar Gopalan, former Chairman and Managing Director of Bharat Petroleum Corporation Limited said on Monday.Speaking to IANS, he said the government had realised early the need for an energy transition and has been working closely with oil companies to reduce vulnerabilities arising from high crude imports.Speaking about India’s fuel s…
New Delhi, May 25 (IANS) Congress President, Mallikarjun Kharge, has strongly criticised the recent rise in fuel prices across the country on Monday, calling it a “daily assault of FUEL LOOT” and accusing the NDA government at the Centre of burdening common citizens. His comments came after fuel prices were hiked again on Monday, the fourth time since May 15. Petrol has become costlier by Rs 2.61 per litre and diesel by Rs 2.71 per litre.In a post on X, Kharge wrote, “The Daily Assault of FU…
New Delhi, May 25 (IANS) Fuel prices were again hiked for the fourth time in a span of two weeks on Monday across the country.State-owned oil marketing companies on Monday increased petrol prices in Delhi by Rs 2.61 per litre and diesel prices by Rs 2.71 per litre. With the latest revision, petrol is now being sold at Rs 102.12 per litre, up from Rs 99.51 per litre, while diesel prices have climbed to Rs 95.20 per litre from Rs 92.49 per litre.The fresh hike comes just two days after fuel prices…
New Delhi, May 22 (IANS) As Pakistan gets included among world’s ten most severe hunger hotspots in the Global Report on Food Crises (GRFC) 2026, the country faces a dangerous overlap of climate shocks, economic fragility and rising inflation, a new report has said.The report from Maldives Insight said that surging fuel prices due to Middle East conflict has added a fresh layer of pressure into an already strained system.The Human Rights Council of Pakistan warned that the fuel price hike amou…
Mumbai, May 22 (IANS) Air India Chief Executive Campbell Wilson has said his successor will have “hands full” as the carrier struggles with a ban on using Pakistan’s airspace, fallout from the Iran war and higher operating costs due to strong US dollar.Speaking at an event in New York, Wilson said he would depart the company within two months and the next four years would be “just as challenging as the past, albeit in a different way.”He pledged to help ensure a smooth transition, and …
Bengaluru, May 21 (IANS) Hinting that the state government would not roll back taxes on petrol and diesel, Karnataka Chief Minister Siddaramaiah on Thursday questioned the media’s focus on the state’s taxation policy while the Centre increases the fuel prices sharply.”They (the Centre) will hike the prices of fuel, and are we supposed to reduce them? Why doesn’t the media question them on this issue? Instead, the media keeps asking us whether we will reduce prices,” Siddaramaiah said in respon…
New Delhi, May 21 (IANS) Pakistan’s headline inflation is expected to accelerate sharply to 12.2 per cent year-on-year (YoY) in May 2026, driven by rising fuel and food prices despite some relief from lower electricity tariffs, a report has said. The data compiled by Optimus Capital Management projected that Pakistan’s National Consumer Price Index (NCPI) would rise around 1 per cent month-on-month, while core inflation is likely to remain elevated at 8.4 per cent year-on-year.According to t…
New Delhi, May 20 (IANS) Rajya Sabha MP Sasmit Patra met Finance Minister Nirmala Sitharaman on Wednesday and submitted a detailed representation urging the initiation of structured national deliberations on the inclusion of petrol and diesel under the Goods and Services Tax (GST) framework. In his representation, Patra emphasised that the constitutional framework under Article 279A(5) already envisages the eventual inclusion of petroleum products within GST through the recommendation of the GST…
New Delhi, May 20 (IANS) Operating profitability for Indian cement companies is expected to moderate in 2026-27 as higher power and fuel prices and rising selling costs linked to geopolitical tensions in West Asia weigh on margins, a report said on Wednesday.The report from ICRA highlighted that the OPBIDTA per tonne for its sample set of cement companies is projected to ease by 10–15 per cent to Rs 820–870 per metric tonne in 2026-27, from an estimated Rs 950–980 per metric tonne in 2025-…